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Economic Systems

Economic Systems

Assessment

Interactive Video

•

Social Studies

•

9th - 12th Grade

•

Practice Problem

•

Easy

Created by

Mario Sanchez

Used 2+ times

FREE Resource

20 questions

Show all answers

1.

SLIDE QUESTION

30 sec • Ungraded

2.

CATEGORIZE QUESTION

20 mins • 1 pt

Economic Systems

Match the description to their perspective economic system

Groups:

(a) Traditional

,

(b) Market

,

(c) Command

,

(d) Mixed

Free market

Supply and demand

Regulated pricing

Market competition

Subsistence farming

Barter (exchange) economy

Government price controls

Public-private partnerships

Central planning

3.

SLIDE QUESTION

30 sec • Ungraded

4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is an economic system?

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OFF

5.

SLIDE QUESTION

30 sec • Ungraded

6.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which of the following are characteristics of a traditional economic system?

Barter economy

Uses money

Goods and services are traded for other goods and services

Government owns all resources

7.

OPEN ENDED QUESTION

3 mins • 1 pt

Explain how a community's customs and history would determine what people do for work and what goods they create.

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OFF

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